2 Elgin Road

    2, ELGIN ROAD, ILFORD, IG3 8LL

    This terraced freehold property on Elgin Road last sold in November 2014 for £410,000. Based on price growth in the IG3 district since then, its estimated current value is £650,581 — placing it in the 88th percentile nationally and the 84th percentile within IG3. The property covers 129 m² (1,389 sq ft), giving an estimated value of £5,043 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £410,000

    Nov 2014

    Estimated Valuation

    £650,581

    Est. £/sq ft

    £469/sq ft

    £5,043/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateMar 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    27 Nov 2014

    £410,000

    Key Metrics

    Estimated valuation£650,581
    Value per sq ft / m²£469/sq ft (£5,043/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile84th percentile
    National percentile88th percentile

    District Context — IG3

    IG3 covers parts of Ilford and surrounding areas in east London, positioned within Greater London's outer reaches. It is a densely populated, diverse residential district with a strong rental market and family-oriented character.

    Average Property Price - IG3

    £499,618

    80

    National percentile

    Average Net Household Income - IG3

    £40,267

    59

    National percentile

    10-Year Annualised Price Growth - IG3

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG3

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